Addressing the India-Italy Technology Summit in the national capital, Prime Minister Narendra Modi said India has made technology a medium of social justice, empowerment, inclusiveness and ensuring comprehensive government mechanism. PM Modi asserted that today technology is an imporatant medium to ensure ease of living. He said that digital payments are increasing at a speed … Read more
Tata Consultancy Services (TCS) has launched TCS BaNCS for Payments V12 at SIBOS 2018. The latest version, certified SWIFT gpi-ready, has been launched to help banks unleash greater agility, innovation and transparency across the payments value chain. By embracing SWIFT gpi, TCS customers can now send and receive payments with speed, transparency, and end-to-end tracking. … Read more
“You are hereby advised to inform the status of ensuring compliance…The same shall be submitted by June 8, 2018, followed by an update on progress at fortnightly intervals thereafter,” the RBI said in the letter referring to its order dated April 6, 2018. A payment bank official on the condition of anonymity confirmed receipt of … Read more
